TERRENO REALTY CORP (TRNO) Technical Analysis
NYSE:TRNO • US88146M1018
Current stock price
TRNO Technical Rating and Analysis
Taking everything into account, TRNO scores 8 out of 10 in our technical rating. Although TRNO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- TRNO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TRNO has a been trading in the 58.96 - 67.55 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, TRNO outperforms 59% of them, which is more or less in line with the market.
- TRNO is part of the Diversified REITs industry. There are 122 other stocks in this industry, TRNO did better than 58% of them.
TRNO Weekly and Daily overview Charts
TRNO Setup Rating and Analysis
Although TRNO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TRNO Support and Resistance Analysis
54.05
When analyzing the support we can see 5 important areas.
- A support zone ranging from 63.73 to 64.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.40 to 61.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 58.21 to 60.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.13 from a horizontal line in the daily time frame.
- Support @54.60 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 66.94 to 67.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRNO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TRNO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRNO is up. |
| ChartMill Relative Strength | 59.52 | NEUTRAL | TRNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRNO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRNO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.35 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests TRNO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.23 | OVERBOUGHT | The high Stochastics value suggests TRNO may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.41 | POSITIVE | The high ADX value value for TRNO suggests a strong trend. |
TRNO Chart- and CandleStick Pattern Analysis
TRNO Technicals: Chart, Performance Metrics, Trend & Indicators
65.99
-0.25 (-0.38%)
TERRENO REALTY CORP / TRNO TA FAQ
What is the ChartMill technical rating of TERRENO REALTY CORP (TRNO) stock?
ChartMill assigns a technical rating of 8 / 10 to TRNO.
Can you provide the trend direction for TERRENO REALTY CORP?
The current trend direction for TERRENO REALTY CORP (TRNO) is Bullish.
What is the RSI signal for TRNO stock?
TERRENO REALTY CORP (TRNO) has an RSI value of 62.3527. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TERRENO REALTY CORP?
The short term momentum for TERRENO REALTY CORP (TRNO) is positive.
Can you provide the support and resistance levels for TERRENO REALTY CORP?
TERRENO REALTY CORP (TRNO) has a support level at 64.04 and a resistance level at 66.94. Check the full technical report for our detailed analysis of TRNO support and resistance levels.